First Command Advisory Services Inc. Buys 116,159 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

First Command Advisory Services Inc. increased its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 0.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 12,434,226 shares of the company’s stock after buying an additional 116,159 shares during the quarter. Invesco S&P 500 Quality ETF comprises 7.9% of First Command Advisory Services Inc.’s holdings, making the stock its 4th largest position. First Command Advisory Services Inc. owned 8.32% of Invesco S&P 500 Quality ETF worth $833,466,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in SPHQ. Proficio Capital Partners LLC purchased a new stake in Invesco S&P 500 Quality ETF in the fourth quarter valued at $809,000. Oppenheimer & Co. Inc. boosted its stake in Invesco S&P 500 Quality ETF by 68.2% during the fourth quarter. Oppenheimer & Co. Inc. now owns 15,316 shares of the company’s stock worth $1,027,000 after buying an additional 6,211 shares during the period. Oppenheimer Asset Management Inc. increased its position in shares of Invesco S&P 500 Quality ETF by 15.1% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 4,081 shares of the company’s stock valued at $274,000 after acquiring an additional 534 shares during the last quarter. New York Life Investment Management LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF by 15.0% in the 4th quarter. New York Life Investment Management LLC now owns 59,227 shares of the company’s stock worth $3,970,000 after acquiring an additional 7,726 shares during the last quarter. Finally, Siligmueller & Norvid Wealth Advisors LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF in the fourth quarter valued at $3,395,000.

Invesco S&P 500 Quality ETF Price Performance

Shares of NYSEARCA SPHQ opened at $70.11 on Thursday. The stock’s 50-day moving average is $68.89 and its two-hundred day moving average is $67.73. The company has a market cap of $11.87 billion, a price-to-earnings ratio of 29.27 and a beta of 0.94. Invesco S&P 500 Quality ETF has a 1-year low of $57.17 and a 1-year high of $71.22.

Invesco S&P 500 Quality ETF Profile

The Invesco S&P 500 Quality ETF (SPHQ) is an exchange-traded fund that is based on the S&P 500 Quality index. The fund tracks an index of US large-cap stocks selected by return on equity, changes in net operating assets and financial leverage. Stocks are weighted by these quality factors, scaled by market cap.